HomeMy WebLinkAbout2003-06-24; City Council; Resolution 2003-1701
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CITY COUNCIL RESOLUTION NO. 2003-170
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD, CALIFORNIA, APPROVING A REQUEST BY LMD
CARLSBAD 25, LLC, TO PURCHASE THREE AFFORDABLE
HOUSING CREDITS IN THE VILLA LOMA HOUSING PROJECT IN
ORDER TO SATISFY THE AFFORDABLE HOUSING OBLIGATION
OF THE TABATA SUBDIVISION PROJECT UNDER THE CITY’S
INCLUSIONARY HOUSING ORDINANCE.
APPLICANT: TABATA ‘ SUBDIVISION
CASE NO: CT 00-13
WHEREAS, LMD CARLSBAD 25, LLC has received approval of Tentative Map CT 00-
13 for the development of a 16 unit residential development; and
WHEREAS, LMD CARLSBAD 25, LLC has requested approval from the City of
Carlsbad City Council for the purchase of three affordable housing credits in the Villa Loma
housing project to satisfy the inclusionary housing requirement of Tentative Map CT 00-13; and
WHEREAS, the City Council did hold a public meeting to consider said request for the
purchase of Affordable Housing Credits by LMD CARLSBAD 25, LLC; and
WHEREAS, at said public meeting, upon hearing and considering all testimony, if any, of
all persons desiring to be heard, said Council considered all factors relating to the application and
request to purchase Affordable Housing Credits:
NOW, THEREFORE, BE IT HEREBY RESOLVED by the City Council of the City of
Carlsbad, California, as follows:
1. That the above recitations are true and correct.
2. The project is consistent with the goals and objectives of the City of Carlsbad’s
Housing Element, the Inclusionary Housing Ordinance, and the Carlsbad General Plan.
3. Based upon the analysis contained within the City Council Staff Report dated June 24,
2003, the City Council finds that the off-site satisfaction of the inclusionary housing
requirement is in the public interest.
2.
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CC Resolution No. 2003-170
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4. That based on the information provided within the City Council Staff Report and
testimony presented during the public meeting of the City Council, the City Council hereby
APPROVES a request by LMD CARLSBAD 25, LLC to purchase three affordable housing
credits in the Villa Loma housing project in order to satisfjr the affordable housing obligation
of the Tobata subdivision project under the City’s inclusionary housing ordinance.
5. That the City Council hereby authorizes the Community Development Director to
execute the Affordable Housing A greement in substantially the form presented to the C ity
Council as Exhibit 2 of the City Council Staff Report and to execute such other documents, or
take other actions as may be necessary or appropriate to assist the developer in acquiring the
Affordable Housing Credits.
Ill
Ill ,
Ill
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PASSED, APPROVED, AND ADOPTED at a regular meeting of the City Council
of the City of Carlsbad, California, held on the @' day of June, 2003 by the following vote, to
wit:
AYES:
NOES: None
Council Members Lewis, Kulchin, Hall, Packard
ABSENT: Council Member Finnila
ABSTAIN: None
ATTEST:
(SEAL)
CC Resolution No. 2003-170
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